Cognyte Software (NASDAQ:CGNT) Shares Gap Up Following Earnings Beat

Posted by Stanley Muller on Sep 9th, 2026

Cognyte Software Ltd. (NASDAQ:CGNT – Get Free Report)’s share price gapped up before the market opened on Wednesday following a better than expected earnings announcement. The stock had previously closed at $8.23, but opened at $8.55. Cognyte Software shares last traded at $8.26, with a volume of 404,468 shares traded.

The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.09 by $0.06. The firm had revenue of $105.50 million for the quarter, compared to analysts’ expectations of $108.51 million. Cognyte Software had a negative return on equity of 0.45% and a negative net margin of 0.66%.Cognyte Software has set its FY 2027 guidance at 0.470-0.470 EPS.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Wall Street Zen downgraded shares of Cognyte Software from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Zacks Research upgraded shares of Cognyte Software from a “strong sell” rating to a “hold” rating in a research note on Monday, August 3rd. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Cognyte Software presently has an average rating of “Hold” and an average price target of $13.50.

Check Out Our Latest Research Report on Cognyte Software

Hedge Funds Weigh In On Cognyte Software

Several large investors have recently modified their holdings of the stock. Rockefeller Capital Management L.P. boosted its holdings in shares of Cognyte Software by 1,478.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 3,268 shares of the company’s stock worth $31,000 after buying an additional 3,061 shares during the period. Quarry LP bought a new position in shares of Cognyte Software during the third quarter worth approximately $33,000. Osaic Holdings Inc. boosted its stake in Cognyte Software by 79.4% in the 2nd quarter. Osaic Holdings Inc. now owns 3,634 shares of the company’s stock valued at $34,000 after purchasing an additional 1,608 shares during the period. NewEdge Advisors LLC bought a new position in Cognyte Software during the 1st quarter worth $94,000. Finally, FourThought Financial Partners LLC bought a new stake in shares of Cognyte Software in the fourth quarter valued at about $95,000. 72.92% of the stock is owned by institutional investors.

Cognyte Software Trading Up 1.0%

The firm has a market cap of $614.33 million, a price-to-earnings ratio of -207.38 and a beta of 1.67. The firm’s 50 day simple moving average is $8.84 and its two-hundred day simple moving average is $8.91.

About Cognyte Software

(Get Free Report)

Cognyte Software Ltd. is a global provider of security analytics solutions that was spun off from NICE Ltd. in early 2021. Headquartered in Israel, the company delivers specialized software and services designed to help government agencies, law enforcement organizations and critical infrastructure operators process and analyze large volumes of data for intelligence and investigative purposes.

The company’s core offerings include advanced analytics platforms that aggregate and visualize structured and unstructured data from diverse sources, such as communications metadata, open-source intelligence and sensor feeds.